(LEN, LEN.B)

Role: Co-CEO & President, Director
Signature: /s/ Mark Sustana as attorney-in-fact for Jonathan M. Jaffe
Stock symbol: LEN, LEN.B
Transactions as of: Feb 27, 2025
Transactions value $: -$7,464,986
Form type: 4
Date filed: 3/3/2025, 09:31 PM
Previous filing: Jan 17, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LEN, LEN.B	Class A Common Stock	Disposed to Issuer	$0	-6.67K	-0.55%	$0.00	1.21M	Feb 27, 2025	Direct	F1
transaction	LEN, LEN.B	Class A Common Stock	Tax liability	-$4.06M	-33.7K	-2.8%	$120.37	1.17M	Feb 27, 2025	Direct	F2
transaction	LEN, LEN.B	Class A Common Stock	Disposed to Issuer	$0	-5.59K	-0.48%	$0.00	1.17M	Feb 27, 2025	Direct	F3
transaction	LEN, LEN.B	Class A Common Stock	Tax liability	-$3.4M	-28.3K	-2.42%	$120.37	1.14M	Feb 27, 2025	Direct	F4
holding	LEN, LEN.B	Class B Common Stock						23.2K	Feb 27, 2025	Direct
holding	LEN, LEN.B	Class A Common Stock						1.62K	Feb 27, 2025	By ESOP Trust	F5
holding	LEN, LEN.B	Class B Common Stock						204	Feb 27, 2025	By ESOP Trust	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	On February 28, 2022, the reporting person was granted a target award of 92,390 shares of Class A common stock subject to performance-based vesting conditions over a three-year performance period, which ended on November 30, 2024. This grant was reported when it occurred. As a result of Company's failure to achieve certain financial performance goals, the 6,668 shares of Class A common stock were forfeited.
F2	Pursuant to a 10b5-1 plan, the reporting person surrendered shares to pay tax liability on the shares of Class A common stock that were subject to performance criteria. The grant of shares subject to performance-based vesting conditions was originally made on February 28, 2022.
F3	On November 17, 2022, the reporting person was granted a target award of 77,470 shares of Class A common stock subject to performance-based vesting conditions over a three-year performance period, which ended on November 30, 2024. This grant was reported when it occurred. As a result of Company's failure to achieve certain financial performance goals, the 5,591 shares of Class A common stock were forfeited.
F4	Pursuant to a 10b5-1 plan, the reporting person surrendered shares to pay tax liability on the shares of Class A common stock that were subject to performance criteria. The grant of shares subject to performance-based vesting conditions was originally made on November 17, 2022.
F5	Represents the number of shares indirectly held by the Reporting Person, as reflected in the Reporting Person's Employee Stock Ownership Plan ("ESOP") account on February 28, 2025.